1206 W Sherman Ave
Vineland, NJ 08360
Building 2 · Office Property For Sale

The Vineland Fresenius Kidney Care clinic is a 2017 build-to-suit, state-of-the-art medical facility that is 100% leased to Fresenius via a new 15-year lease term, with rent commencement in November 2017. The lease is corporately guaranteed by Fresenius Medical Care Holdings which reported a 2015 net worth of 10.144 Billion and includes scheduled rent increases of 10% every 5-years during the primary term. This location provides kidney dialysis services, and consists of 11,250 square feet housing 12 patient stations, plus 1 private station located in a separate room, and 2 home therapy rooms. The clinic features an exceptionally strong location situated within a Medical Office Park and across the street from the 262-bed lnspira Medical Center. Vineland is located just 45 miles from Philadelphia and Furthermore, the population within a 5-mile radius of the facility exceeds 174,000 residents and an average household income exceeding $70K.